US Wholesale Inflation Hits 6.3%; Bitcoin Falls
Edited by Steinar Vigdel Kolnes, Editor, Oslo
US wholesale inflation accelerated to 6.3% as Bitcoin declined, while Polymarket traders favored no change in interest rates at the Fed’s next meeting.
US wholesale inflation accelerated to 6.3% as Bitcoin moved lower, according to The Defiant.
Gasoline prices at the producer level rose 20.3% in September, highlighting a sharp increase in fuel costs.
Meanwhile, Polymarket traders assigned a 72.5% chance to the Federal Reserve leaving interest rates unchanged at its next meeting. The market odds reflect traders’ expectations, not a confirmed policy decision.
Source: The Defiant
